Why Do Many Retirement Community Residents Say, ‘I Wish I’d Moved Sooner’?

We often discuss older adults’ reasons for delaying a senior living move. Some of the top justifications for putting off such a move include not wanting to deal with downsizing, not feeling “old enough” or “ready,” and concerns about cost. And as we wrote about last week, another key roadblock is a fear of losing [...]

By |2024-09-02T22:22:46-04:00September 2nd, 2024|

Senior Living Community, Leaving an Inheritance: Is It an Either-Or?

There was a great interview-article in Forbes last year entitled “Dilemma: Senior Living Facility or Kids’ Inheritance?” In it, financial expert Larry Light interviewed Certified Financial Planner Rick Kahler about many seniors’ desire to leave their adult children an inheritance. The interview explored the common concern that opting to move to a senior living community [...]

By |2024-03-07T14:37:58-05:00March 7th, 2023|

Senior Living and Care Industry Must Create Solutions for Middle-Income Seniors

The National Opinion Research Center (NORC) at the University of Chicago is a well-respected, nonpartisan research organization that studies and analyzes a range of social and economic topics. In 2019, they published their groundbreaking “Forgotten Middle” study, which explored how the number, demographics, health status, and financial resources of middle-income seniors would evolve in the [...]

By |2023-07-19T15:38:46-04:00October 11th, 2022|

“I’m Not Ready Yet” Part 2: The Cost of Peace of Mind

In the “I’m Not Ready Yet” blog series, we will be taking an in-depth look at some of the most common reasons why people put off a move to a continuing care retirement community (CCRC) or other senior living community. In last week’s post, we talked about one of the common reasons that people put [...]

By |2023-08-03T09:19:26-04:00February 22nd, 2022|

What’s the True Cost of Staying in the Home?

Again and again, research finds that most senior adults say they want to remain in their home, at least as long as possible. While there are many reasons for this, cost is a consideration. Many people believe that it will cost less for them to remain in their existing home than to move to a [...]

By |2023-08-03T09:31:53-04:00February 22nd, 2021|
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